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China Issues New Regulations Limiting Online Gaming to Safeguard Children's Eyesight
MOE, 8/30/18
China's Ministry of Education and seven other government agencies recently released updated regulations aimed at preventing and controlling nearsightedness among children and young adults. Read More
China Issues Draft Regulations on Audio-Visual Programming for Minors
Sina Tech, 8/27/18
China's National Radio and Television Administration (NRTA) recently issued a notice seeking public opinion on a regulatory draft concerning audio-visual programming for minors. Read More
Taobao Launches Mobile Gaming Platform to Compete with WeChat Mini Games
36Kr.com, 8/06/18
Alibaba Group's (NYSE: BABA) C2C e-commerce site Taobao has now been operating a mobile mini games platform for approximately two months, according to online media outlet 36Kr.com, indicating that the platform is more than just a distribution channel for Alibaba Games' Chinese version of Japanese mobile casual game Travel Frog, but a mini games platform similar to WeChat's in-app games platform. Read More
Tencent to Kick Off OB of 'MapleStory 2' on July 12
Tencent Games, 6/28/18
Chinese online game developer and operator Tencent (0700.HK) has announced that it will kick off open beta testing of its free-to-play licensed 3D client-based combat MMORPG MapleStory 2 on July 12. Read More
Happigo Secures CSRC Approval to Acquire Five Hunan Broadcasting Businesses
Happigo, 6/22/18
TV and online shopping channel operator Happigo Home Shopping (300413.SZ), a subsidiary of Hunan Broadcasting System (HBS) company Mango Media, recently announced that the China Securities Regulatory Commission has approved its major asset restructuring and RMB 2 bln fundraising program, under which it will acquire five HBS subsidiaries including Kuaile Yangguang Interactive Entertainment Media (Mango TV), online and mobile game developer Mango Interactive Technology, TV production firm EE-Media, film studio Mango Studios, and entertainment content developer Mango Entertainment for a total of RMB 11.5 bln. Read More
Zhang Yimou's VR Entertainment Firm Sky Limit Secures RMB 9-digit Pre-A
DoNews, 6/21/18
Beijing-based entertainment company Danghong Qitian International Culture Development (Sky Limit Entertainment) recently announced completion of RMB 9-digit pre-Series A funding led by Shenzhen-based OCT Culture Group with participation by Mango Culture and Innovation Private Equity Fund. Read More
Century Huatong to Complete Acquisition of Shanda Games
Century Huatong, 6/12/18
Zhejiang-based online game operator and plastic parts and molds maker Century Huatong Group (002602.SZ) disclosed today the signing of a letter of intent with Shanghai Yaoquru Network Technology that will realize the long-awaited return to China's A-shares market of online game developer and operator Shanda Games. Read More
Semantic Interaction Solutions Provider Qiwu Completes RMB 50 Mln Series A
36Kr.com, 6/06/18
Shenzhen-based Renma Interactive Technology, operator of semantic interaction solutions brand Qiwu, recently announced completion of RMB 50 mln in Series A funding led by Shanghai-based Beiyue Industry with participation by an investment fund managed by Lihe Zaiwu Venture Capital (Leaguer VC), game developer Boyaa Interactive (0434.HK), Youmi Mobile Technology (834156.NEEQ), Zhongtong Capital, and individual investors Dai Zhikang and Xu Shandan. Read More
WeChat Begins Beta Testing Applet Game Advertising Functions
TechWeb, 4/26/18
The public platform arm of Tencent's (0700.HK) WeChat messaging app has issued a notice stating the company will begin beta testing new advertising functions for applet games, including banner ads and rewarded video ads. Read More
Rumor: Chinese Ministry Orders Take-down of All Online Poker Games by June 1
Eastday.com, 4/19/18
China's Ministry of Culture and Tourism is reportedly preparing to launch new regulations on online card games and has required all PC client and mobile app platforms to immediately cease offering downloads of poker games. Read More
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